Civic Intelligence

Council Towers II Housing Development Fund Corporation C/O Met Council

EIN 13-3751223 • 501(c)3 • New York, NY

Profile

To provide housing assistance to senior citizens.

One State Street Plaza 24th FLNew York, NY 10004

www.metcouncil.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

95th percentile

2.83x

Higher debt load relative to assets than 95% of similar nonprofits.

NTEE E • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

96th percentile

5.21x

Higher debt load relative to revenue than 96% of similar nonprofits.

NTEE E • $1M-$5M nonprofits • Source year 2024

Net Margin

56th percentile

5.2%

Higher net margin than 56% of similar nonprofits.

NTEE E • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

88th percentile

$689,992

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 25.9% of source-year revenue.

NTEE E • $1M-$5M nonprofits • Source year 2024

Asset Growth

35th percentile

-1.9%

Faster asset growth than 35% of similar nonprofits.

NTEE E • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

56th percentile

11%

Faster revenue growth than 56% of similar nonprofits.

NTEE E • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$4,904,003

Down $97,453 (-1.9%) from 2023

Liabilities

Down

$13,871,390

Down $235,476 (-1.7%) from 2023

Net Assets

Up

-$8,967,387

Up $138,023 (+1.5%) from 2023

Revenue

Up

$2,662,053

Up $255,122 (+11%) from 2023

Expenses

Up

$2,524,030

Up $212,551 (+9.2%) from 2023

Net Income

Up

$138,023

Up $42,571 (+45%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20M$10M$0-$10MAssets 2010: $8,442,955Liabilities 2010: $12,384,222Net Assets 2010: -$3,941,2672010Assets 2011: $7,839,432Liabilities 2011: $12,450,233Net Assets 2011: -$4,610,8012011Assets 2012: $7,317,284Liabilities 2012: $12,590,076Net Assets 2012: -$5,272,7922012Assets 2013: $6,675,028Liabilities 2013: $12,620,616Net Assets 2013: -$5,945,5882013Assets 2014: $6,127,023Liabilities 2014: $12,514,056Net Assets 2014: -$6,387,0332014Assets 2015: $5,813,162Liabilities 2015: $12,675,308Net Assets 2015: -$6,862,1462015Assets 2016: $5,219,562Liabilities 2016: $12,564,668Net Assets 2016: -$7,345,1062016Assets 2017: $4,809,379Liabilities 2017: $12,623,736Net Assets 2017: -$7,814,3572017Assets 2018: $4,271,669Liabilities 2018: $12,610,369Net Assets 2018: -$8,338,7002018Assets 2019: $4,069,364Liabilities 2019: $12,781,588Net Assets 2019: -$8,712,2242019Assets 2020: $4,162,897Liabilities 2020: $12,954,874Net Assets 2020: -$8,791,9772020Assets 2021: $4,259,383Liabilities 2021: $13,285,459Net Assets 2021: -$9,026,0762021Assets 2022: $4,523,515Liabilities 2022: $13,724,377Net Assets 2022: -$9,200,8622022Assets 2023: $5,001,456Liabilities 2023: $14,106,866Net Assets 2023: -$9,105,4102023Assets 2024: $4,904,003Liabilities 2024: $13,871,390Net Assets 2024: -$8,967,3872024

Highlighted filing

2024

Assets$4,904,003
Liabilities$13,871,390
Net Assets-$8,967,387

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,348,3462010Expenses 2011: $1,418,7452011Expenses 2012: $1,418,7692012Revenue 2013: $764,585Expenses 2013: $1,437,381Net Income 2013: -$672,7962013Revenue 2014: $1,110,250Expenses 2014: $1,551,695Net Income 2014: -$441,4452014Revenue 2015: $1,110,186Expenses 2015: $1,585,299Net Income 2015: -$475,1132015Revenue 2016: $1,096,897Expenses 2016: $1,579,857Net Income 2016: -$482,9602016Revenue 2017: $1,134,862Expenses 2017: $1,604,113Net Income 2017: -$469,2512017Revenue 2018: $1,222,497Expenses 2018: $1,746,840Net Income 2018: -$524,3432018Revenue 2019: $1,467,168Expenses 2019: $1,840,692Net Income 2019: -$373,5242019Revenue 2020: $2,294,115Expenses 2020: $2,373,868Net Income 2020: -$79,7532020Revenue 2021: $2,211,292Expenses 2021: $2,445,391Net Income 2021: -$234,0992021Revenue 2022: $2,088,471Expenses 2022: $2,263,257Net Income 2022: -$174,7862022Revenue 2023: $2,406,931Expenses 2023: $2,311,479Net Income 2023: $95,4522023Revenue 2024: $2,662,053Expenses 2024: $2,524,030Net Income 2024: $138,0232024

Highlighted filing

2024

Revenue$2,662,053
Expenses$2,524,030
Net Income$138,023

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.90$13.9$8.97$2.66$2.52$0.14
2023Detailed filing. Detailed filing data is available for this year.$5.00$14.1$9.11$2.41$2.31$0.10
2022Detailed filing. Detailed filing data is available for this year.$4.52$13.7$9.20$2.09$2.26$0.17
2021Detailed filing. Detailed filing data is available for this year.$4.26$13.3$9.03$2.21$2.45$0.23
2020Detailed filing. Detailed filing data is available for this year.$4.16$13.0$8.79$2.29$2.37$0.08
2019Detailed filing. Detailed filing data is available for this year.$4.07$12.8$8.71$1.47$1.84$0.37
2018Detailed filing. Detailed filing data is available for this year.$4.27$12.6$8.34$1.22$1.75$0.52
2017Detailed filing. Detailed filing data is available for this year.$4.81$12.6$7.81$1.13$1.60$0.47
2016Detailed filing. Detailed filing data is available for this year.$5.22$12.6$7.35$1.10$1.58$0.48
2015Detailed filing. Detailed filing data is available for this year.$5.81$12.7$6.86$1.11$1.59$0.48
2014Detailed filing. Detailed filing data is available for this year.$6.13$12.5$6.39$1.11$1.55$0.44
2013Detailed filing. Detailed filing data is available for this year.$6.68$12.6$5.95$0.76$1.44$0.67
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.32$12.6$5.27$1.42
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.84$12.5$4.61$1.42
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.44$12.4$3.94$1.35
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 13, 2025
Return Version
2024v5.2
Gross Receipts
$2,662,053
Mission and Program Overview

Mission

To provide housing assistance to senior citizens.

To provide subsidized low income apartment rentals for seniors.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,458,223$2,038,700▼ $419,523
Accounts Receivable$115,108$435,227▲ $320,119
Prepaid Expenses and Deferred Charges$211,391$216,196▲ $4,805
Cash and Non-Interest-Bearing Accounts$1,666$107,759▲ $106,093
Total Assets$5,001,456$4,904,003▼ $97,453
Other Assets Total$2,215,068$2,106,121▼ $108,947
Liabilities
Mortgage Notes Payable Secured by Investment Property$12,241,537$12,241,537→ $0
Other Liabilities$1,035,597$1,206,312▲ $170,715
Accounts Payable and Accrued Expenses$778,912$382,286▼ $396,626
Escrow Account Liability$37,191$37,337▲ $146
Deferred Revenue$13,629$3,918▼ $9,711
Total Liabilities$14,106,866$13,871,390▼ $235,476
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-9,105,410$-8,967,387▲ $138,023
Total Net Assets Fund Balance$-9,105,410$-8,967,387▲ $138,023
Total Liabilities and Net Assets / Fund Balance$5,001,456$4,904,003▼ $97,453

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,335,564$12,749,555$14,085,119
Land$702,540-$702,540
Leasehold Improvements$596$114,388$114,984
Other Assets Org$1,869,812--
Compensation and Service Providers

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Jc Contracting Management LLCStaffing Services5426 ARNOLD AVE, Maspeth, NY 11378$604,388
Tarian Intermediate Holdings LLCSecurity ServicesPO BOX 70056, Newark, NJ 07100$124,202
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,563,327
Investment Income
$94,139
Other Revenue
$4,587
Change in Net Assets
$138,023

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,662,053
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,662,053
Total Revenue per Form 990
$2,662,053
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,524,030
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$866,014--$866,014
Fees for Services Management$346,823$268,727-$615,550
Depreciation Depletion$527,205--$527,205
Fees for Services Accounting-$46,971-$46,971
Office Expenses$17,009--$17,009
Fees for Services Legal$9,430--$9,430
All Other Expenses$5,913--$5,913
Interest$1,882--$1,882
Insurance$602--$602
Other Expenses$601--$601
Travel$382--$382
Conferences and Meetings$380--$380
Total Functional Expenses$2,208,332$315,698$0$2,524,030

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,524,030
Total Expenses per Audited Statements$2,524,030
Total Expenses per Form 990$2,524,030
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliate$1,206,312
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

The organization did not have any committee meetings during the year.

Form 990, Part VI, Section B, Line 11B

The 990 is prepared by an independent accountant. It is then reviewed by the organization's governing body. After the review, form 990 is filed with the irs.

Form 990, Part VI, Section B, Line 12C

All officers and directors complete nyc vendex conflict of interest form annually. No purchases are allowed from any business affiliated with employees or board members.

Form 990, Part VI, Section C, Line 19

The documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Council Towers Ii Housing Development
EIN
13-3751223
Phone
2124539500
Address
ONE STATE STREET PLAZA 24TH FL, NEW YORK, NY 10004

Signing Officer

Name
Philip Kibel
Title
CFO
Phone
2124539500
Signed
2025-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David G Greenfield
Formed
1996
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
2
Employees
0
Volunteers
2

Preparer

Firm
Cohnreznick Advisory LLC
Address
1301 AVENUE OF THE AMERICAS, NEW YORK, NY 10019
Preparer
Lori Rothe Yokobosky
Phone
2122970400
Supplemental Narrative

Financial Statement Notes

PART IV, LINE 2B:

The organization maintaines security deposits as required by state law.

PART X, LINE 2:

The corporation has applied for and received a determination letter from the internal revenue service ("irs") to be treated as a tax-exempt entity pursuant to section 501(c)(3) of the internal revenue code and did not have any unrelated business income for the year ended december 31, 2024. Because of its tax-exempt status, the corporation is not subject to income taxes. The corporation is required to file and does file informational returns with the irs and other taxing authorities. Accordingly, these financial statements do not reflect a provision for income taxes and the corporation has no other tax positions, which must be considered for disclosure. Informational returns filed by the corporation are subject to examination by the irs for a period of three years. While the irs is currently examining no informational returns, tax years since 2021 remain open. Management has analyzed the tax positions taken by the corporation and has concluded that, as of december 31, 2024, there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements.

Raw XML AppendixShowing 400 of 878 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-8967387
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0866014
IRS990/OccupancyGrp/TotalAmt0866014
IRS990/OfficeExpensesGrp/ProgramServicesAmt017009
IRS990/OfficeExpensesGrp/TotalAmt017009
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02215068
IRS990/OtherAssetsTotalGrp/EOYAmt02106121
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0OPERATING AND MAINTENAN
IRS990/OtherExpensesGrp/Desc1BAD DEBTS
IRS990/OtherExpensesGrp/Desc2ADMINISTRATIVE RENT FRE
IRS990/OtherExpensesGrp/Desc3TAXES, LICENSES, PERMIT
IRS990/OtherExpensesGrp/ProgramServicesAmt0396669
IRS990/OtherExpensesGrp/ProgramServicesAmt118322
IRS990/OtherExpensesGrp/ProgramServicesAmt217100
IRS990/OtherExpensesGrp/ProgramServicesAmt3601
IRS990/OtherExpensesGrp/TotalAmt0396669
IRS990/OtherExpensesGrp/TotalAmt118322
IRS990/OtherExpensesGrp/TotalAmt217100
IRS990/OtherExpensesGrp/TotalAmt3601
IRS990/OtherLiabilitiesGrp/BOYAmt01035597
IRS990/OtherLiabilitiesGrp/EOYAmt01206312
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0LAUNDARY & VENDING
IRS990/OtherRevenueMiscGrp/Desc1TENANT CHARGES
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt03997
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1590
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03997
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1590
IRS990/OtherRevenueTotalAmt04587
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0211391
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0216196
IRS990/PrincipalOfficerNm0DAVID G GREENFIELD
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02563327
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02563327
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt087146
IRS990/PYOtherExpensesAmt02311479
IRS990/PYOtherRevenueAmt03957
IRS990/PYProgramServiceRevenueAmt02315828
IRS990/PYRevenuesLessExpensesAmt095452
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt02311479
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02406931
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0138023
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02567914
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0LAUNDRY INCOME AND TENNANT SERVICES - 2020 AMOUNT: $ 3,105. 2021 AMOUNT: $ 5,692. 2022 AMOUNT: $ 660. 2023 AMOUNT: $ 3,957. 2024 AMOUNT: $ 3,997. MISCELLANEOUS REVENUE - UTILITY ROOF RENTAL - 2020 AMOUNT: $ 21,173. 2021 AMOUNT: $ 21,386. 2022 AMOUNT: $ 21,386. TENANT CHARGES - 2024 AMOUNT: $ 590.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt04150
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt010759
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt061855
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt076764
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt094139
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt087146
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt018365
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0408
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01379
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0201437
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt02563327
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt02315828
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt02043910
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt02173047
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt02206603
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt011302715
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt094139
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt087146
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt018365
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0408
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01379
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0201437
IRS990ScheduleA/InvestmentIncomeCYPct00.01730
IRS990ScheduleA/InvestmentIncomePYPct00.01060
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt04587
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt03957
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt022046
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt027078
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt024278
IRS990ScheduleA/OtherIncome509Grp/TotalAmt081946
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.97570
IRS990ScheduleA/PublicSupportPY509Pct00.97800
IRS990ScheduleA/PublicSupportTotal509Amt011379479
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt02563327
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02315828
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt02048060
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt02183806
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt02268458
IRS990ScheduleA/Total509Grp/TotalAmt011379479
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt02662053
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt02406931
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt02088471
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt02211292
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt02294115
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt011662862
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01335564
IRS990ScheduleD/BuildingsGrp/DepreciationAmt012749555
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt014085119
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02524030
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt0702540
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0702540
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0596
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0114388
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0114984
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt033428
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1165289
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt237592
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt31869812
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESIDUAL RECEIPTS RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1TAX ESCROW
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2TENANT DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3RESERVE FOR REPLACEMENR
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01206312
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02662053
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION MAINTAINES SECURITY DEPOSITS AS REQUIRED BY STATE LAW.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE CORPORATION HAS APPLIED FOR AND RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE ("IRS") TO BE TREATED AS A TAX-EXEMPT ENTITY PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31, 2024. BECAUSE OF ITS TAX-EXEMPT STATUS, THE CORPORATION IS NOT SUBJECT TO INCOME TAXES. THE CORPORATION IS REQUIRED TO FILE AND DOES FILE INFORMATIONAL RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. ACCORDINGLY, THESE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND THE CORPORATION HAS NO OTHER TAX POSITIONS, WHICH MUST BE CONSIDERED FOR DISCLOSURE. INFORMATIONAL RETURNS FILED BY THE CORPORATION ARE SUBJECT TO EXAMINATION BY THE IRS FOR A PERIOD OF THREE YEARS. WHILE THE IRS IS CURRENTLY EXAMINING NO INFORMATIONAL RETURNS, TAX YEARS SINCE 2021 REMAIN OPEN. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE CORPORATION AND HAS CONCLUDED THAT, AS OF DECEMBER 31, 2024, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02038700
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02106121
IRS990ScheduleD/TotalExpensesPerForm990Amt02524030
IRS990ScheduleD/TotalLiabilityAmt01206312
IRS990ScheduleD/TotalRevenuePerForm990Amt02662053
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02662053
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02524030
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0629934
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1278791
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2305601
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt3156260
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt04140
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt13600
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt23720

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